LOVE, B. H. NCT-1

Operated by LARGE OPERATING LLC (P-5 486623) in the PANHANDLE, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 25940District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$359 k
Jan 1993 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered
1935-12-10
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: 67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
GasProduction100,683 Mcf$358,697
Total$358,697

16,041 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 35.3394, -100.6500. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.33942, -100.65005 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
2,459 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 2,459 ft.

Completions filed
Apr 1943
1 of 1 wells

1 well

42-1790310612,459 ftApr 1943

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 20260106.413.05$0
Apr 202627598.932.87$789
Mar 202619889.753.15$624
Feb 202622763.503.75$851
Jan 20264059.138.00$320
Dec 202517156.664.41$755
Nov 202525958.593.93$1,017
Oct 202534659.383.30$1,143
Sep 202532962.743.08$1,012
Aug 202534963.933.01$1,052
Jul 202536966.743.32$1,223
Jun 202537266.483.13$1,164
May 202536360.553.23$1,173
Apr 202529862.363.54$1,056
Mar 202529367.704.27$1,251
Feb 202526770.884.34$1,159
Jan 202512574.324.28$535
Dec 20249968.993.12$309
Nov 20248769.052.20$191
Oct 20246171.372.28$139
Sep 20245369.612.36$125
Aug 20249575.632.06$196
Jul 20249679.932.15$206
Jun 20249278.082.63$242
May 20249378.812.20$204
Apr 20248784.451.66$144
Mar 20248380.301.55$128
Feb 20247476.091.78$132
Jan 20248073.023.30$264
Dec 20239271.262.61$240
Nov 20239077.892.81$253
Oct 20238585.443.09$262
Sep 20238189.042.74$222
Aug 20238480.522.67$225
Jul 20238574.852.64$225
Jun 20238368.962.26$187
May 20238470.622.23$187
Apr 20237978.122.24$177
Mar 20237272.852.39$172
Feb 20235675.112.47$138
Jan 20237776.533.39$261
Dec 20228276.415.73$470
Nov 20227985.005.65$446
Oct 20224787.185.86$276
Sep 20228684.888.16$702
Aug 20228794.529.13$794
Jul 202281101.587.54$611
Jun 202271115.097.98$566
May 202277109.378.43$649
Apr 202265104.226.84$444
Mar 202272108.885.08$366
Feb 20226091.054.86$292
Jan 20227981.844.54$358
Dec 20218471.323.90$328
Nov 20218277.435.24$429
Oct 20218579.795.71$486
Sep 20218369.865.35$444
Aug 20218466.024.22$355
Jul 20218670.783.98$342
Jun 20218469.493.38$284
May 20217863.483.02$235
Apr 20214960.362.76$135
Mar 20218061.302.72$217
Feb 20214657.805.55$255
Jan 20219050.412.81$253
Dec 20208544.642.68$227
Nov 20205238.772.71$141
Oct 20206436.972.48$159
Sep 20204737.091.99$94
Aug 20205039.982.39$119
Jul 20203338.371.83$60
Jun 20208434.901.69$142
May 202022616.921.81$410
Apr 202022514.751.80$406
Mar 202026530.341.86$492
Feb 202025949.881.98$513
Jan 202029657.252.09$620
Dec 201932359.012.30$744
Nov 201923855.302.75$655
Oct 201937353.472.42$902
Sep 201936555.052.66$970
Aug 201937353.112.30$860
Jul 201938056.272.46$935
Jun 201930752.782.49$765
May 201934158.482.74$934
Apr 201924962.632.75$685
Mar 201928956.803.06$885
Feb 201924450.852.79$681
Jan 201925146.033.23$810
Dec 201827246.594.19$1,138
Nov 201828952.934.24$1,225
Oct 201829061.443.40$985
Sep 201828359.543.11$880
Aug 201824459.403.07$748
Jul 201827665.142.93$809
Jun 201825860.183.08$794
May 201830065.382.90$870
Apr 201821163.842.90$612
Mar 201825061.222.79$697
Feb 201822361.782.77$617
Jan 201823062.874.01$922
Dec 201726557.272.92$774
Nov 201727755.423.12$864
Oct 201731649.292.98$943
Sep 201730347.523.09$935
Aug 201731245.373.00$937
Jul 201727143.873.09$837
Jun 201725242.493.09$778
May 201725645.373.26$835
Apr 201719247.933.21$617
Mar 201721746.772.98$647
Feb 201720650.452.95$608
Jan 201724549.413.42$838
Dec 201623948.763.72$890
Nov 201625942.492.64$685
Oct 201626646.193.09$822
Sep 201626041.553.10$806
Aug 201626241.442.92$766
Jul 201633141.622.92$968
Jun 201613745.352.69$368
May 201625942.521.99$516
Apr 201624836.561.99$494
Mar 201622033.011.79$395
Feb 201619226.472.06$396
Jan 201620327.352.36$480
Dec 201521432.362.00$428
Nov 201523738.792.17$514
Oct 201527443.552.43$665
Sep 201525542.992.76$703
Aug 201525740.162.87$738
Jul 201525848.152.95$760
Jun 201524656.152.88$709
May 201528655.212.96$845
Apr 201527549.822.71$744
Mar 201526342.892.93$772
Feb 201524144.662.98$717
Jan 201522943.433.10$710
Dec 201422854.693.59$819
Nov 201424170.464.25$1,025
Oct 201427978.303.90$1,088
Sep 201426486.164.05$1,068
Aug 201426389.394.04$1,061
Jul 201426396.564.18$1,099
Jun 201426298.164.74$1,241
May 201428494.734.73$1,342
Apr 201414395.944.81$688
Mar 201426095.895.06$1,315
Feb 20149697.406.19$594
Jan 201417290.404.86$836
Dec 201324891.824.35$1,080
Nov 201323688.853.74$882
Oct 201325197.423.78$949
Sep 2013106104.113.72$394
Aug 2013223104.253.52$786
Jul 2013232102.523.72$863
Jun 201325194.403.93$987
May 201327494.834.15$1,137
Apr 201315193.964.28$647
Mar 201314593.623.91$567
Feb 201313891.233.42$472
Jan 20139291.603.42$315
Dec 201222786.773.42$776
Nov 201225186.953.62$910
Oct 201227089.383.40$918
Sep 201225894.672.92$753
Aug 201219392.662.91$561
Jul 201210785.133.02$323
Jun 201224979.822.52$627
May 201226791.612.49$664
Apr 2012254101.652.00$507
Mar 2012258105.052.22$573
Feb 2012233101.102.57$599
Jan 201222498.092.73$612
Dec 201123996.873.24$774
Nov 201123995.723.31$791
Oct 201119384.983.65$704
Sep 201125983.623.99$1,032
Aug 201124983.404.15$1,033
Jul 201124294.144.52$1,093
Jun 201123692.904.64$1,095
May 201124498.134.40$1,075
Apr 2011260105.964.33$1,127
Mar 201118596.364.06$751
Feb 20119085.644.18$376
Jan 201131186.504.59$1,427
Dec 201025085.734.35$1,087
Nov 201023980.843.80$907
Oct 201026078.103.51$912
Sep 201026972.633.98$1,070
Aug 201027673.684.42$1,220
Jul 201027672.554.74$1,307
Jun 201026770.364.91$1,311
May 201026671.124.24$1,127
Apr 201026081.694.12$1,072
Mar 201026478.394.39$1,159
Feb 201026073.585.44$1,415
Jan 201029774.365.96$1,771
Dec 200928771.445.48$1,574
Nov 200928174.593.75$1,054
Oct 200928772.544.11$1,180
Sep 200918365.543.06$561
Aug 200928867.423.22$927
Jul 200928761.133.46$994
Jun 200928266.163.90$1,098
May 200928054.743.93$1,099
Apr 200927746.773.59$994
Mar 200926142.144.06$1,059
Feb 200925332.814.63$1,172
Jan 200928435.865.37$1,525
Dec 200825637.105.98$1,530
Nov 200822655.496.86$1,550
Oct 200827875.246.92$1,924
Sep 2008268101.767.88$2,111
Aug 2008276114.228.48$2,341
Jul 2008257131.0811.39$2,927
Jun 2008260131.3313.03$3,388
May 2008271123.1711.57$3,137
Apr 2008248110.3110.45$2,593
Mar 2008255101.909.66$2,464
Feb 200825892.538.77$2,263
Jan 200828490.388.21$2,330
Dec 200728088.337.30$2,045
Nov 200725591.677.29$1,859
Oct 200727682.856.92$1,910
Sep 200726675.846.24$1,661
Aug 200725769.066.39$1,642
Jul 200726770.906.39$1,706
Jun 200725462.007.55$1,917
May 200726058.747.85$2,040
Apr 200725659.617.81$1,998
Mar 200724656.927.30$1,796
Feb 200722155.108.22$1,816
Jan 200728450.306.73$1,910
Dec 200627956.656.92$1,930
Nov 200627054.207.62$2,057
Oct 200627254.906.01$1,636
Sep 200625960.085.04$1,305
Aug 200625068.717.34$1,835
Jul 200626469.376.34$1,674
Jun 200623966.286.38$1,526
May 200625766.016.42$1,651
Apr 200624664.397.36$1,811
Mar 200626856.707.08$1,898
Feb 200624357.597.75$1,884
Jan 200629460.598.93$2,626
Dec 200528954.9413.42$3,877
Nov 200527254.6910.59$2,880
Oct 200527458.3413.80$3,780
Sep 200526461.4512.08$3,189
Aug 200528061.519.80$2,743
Jul 200528455.697.84$2,228
Jun 200525352.337.38$1,867
May 200524045.226.65$1,596
Apr 200525249.207.36$1,855
Mar 200525650.377.15$1,832
Feb 200524345.226.31$1,534
Jan 200526643.166.32$1,682
Dec 200427539.866.75$1,857
Nov 200426745.286.33$1,690
Oct 200424449.706.52$1,590
Sep 200426043.245.28$1,374
Aug 200428142.375.55$1,560
Jul 200428638.286.08$1,740
Jun 200427836.106.43$1,788
May 200427437.486.49$1,780
Apr 200426434.475.86$1,547
Mar 200427434.365.53$1,515
Feb 200427832.455.51$1,532
Jan 200430932.036.30$1,947
Dec 200329730.266.30$1,872
Nov 200327928.804.60$1,282
Oct 200328828.174.76$1,371
Sep 200327826.314.75$1,320
Aug 200328929.765.13$1,482
Jul 200329629.415.17$1,531
Jun 200328228.565.98$1,687
May 200329626.595.97$1,768
Apr 200328626.675.41$1,546
Mar 200330431.146.10$1,853
Feb 200327233.487.93$2,156
Jan 200330430.315.58$1,697
Dec 200227826.914.85$1,349
Nov 200227624.664.14$1,142
Oct 200228726.464.23$1,214
Sep 200228427.443.64$1,032
Aug 200228225.963.16$892
Jul 200230324.583.06$928
Jun 200229823.733.34$995
May 200230524.663.58$1,093
Apr 200228423.653.51$998
Mar 200231422.003.10$974
Feb 200227518.222.38$653
Jan 200229717.172.38$706
Dec 200130916.932.36$731
Nov 200130018.072.41$722
Oct 200130119.782.53$761
Sep 200126324.262.25$592
Aug 200131324.873.05$956
Jul 200130123.933.20$962
Jun 200129924.563.82$1,143
May 200129325.524.31$1,262
Apr 200129424.685.34$1,569
Mar 200129324.545.38$1,575
Feb 200125427.755.77$1,465
Jan 200131827.478.40$2,671
Dec 200031426.889.12$2,864
Nov 200030332.215.66$1,714
Oct 200032531.235.15$1,672
Sep 200031831.875.19$1,649
Aug 200032029.644.54$1,453
Jul 200034228.534.09$1,399
Jun 200033029.304.40$1,451
May 200028727.263.68$1,056
Apr 200029024.513.12$904
Mar 200032328.422.86$924
Feb 200035727.622.73$973
Jan 200028725.272.48$712
Dec 199930624.282.42$742
Nov 199933923.192.43$825
Oct 199932120.982.80$900
Sep 199933321.752.62$872
Aug 199931619.262.88$909
Jul 199930717.892.37$728
Jun 199934215.942.36$808
May 199930815.792.32$715
Apr 199933015.102.21$729
Mar 199933612.471.84$618
Feb 19993299.981.82$598
Jan 199932110.381.90$610
Dec 19983299.201.77$583
Nov 199834010.892.19$743
Oct 199833612.421.97$662
Sep 199836012.592.08$750
Aug 199831511.301.91$601
Jul 199833611.742.24$752
Jun 199833211.242.24$743
May 199833412.622.21$737
Apr 199832813.042.51$822
Mar 199833112.802.31$764
Feb 199829113.952.30$669
Jan 199833314.702.15$718
Dec 199732716.322.41$788
Nov 199732218.193.09$994
Oct 199732019.253.15$1,008
Sep 199733417.742.95$987
Aug 199732517.862.55$830
Jul 199732717.582.25$735
Jun 199733917.242.26$765
May 199732818.972.31$757
Apr 199732417.882.08$675
Mar 199733818.951.94$655
Feb 199732620.492.21$719
Jan 199732023.483.54$1,133
Dec 199633223.32$0
Nov 199632021.97$0
Oct 199631323.31$0
Sep 199632822.22$0
Aug 199633120.26$0
Jul 199634419.55$0
Jun 199632318.73$0
May 199632719.43$0
Apr 199633421.51$0
Mar 199632619.38$0
Feb 199631816.98$0
Jan 199633417.07$0
Dec 199532717.19$0
Nov 199532916.00$0
Oct 199534815.43$0
Sep 199533716.18$0
Aug 199536915.92$0
Jul 199532715.24$0
Jun 199533016.41$0
May 199534717.56$0
Apr 199532517.73$0
Mar 199531216.44$0
Feb 199531416.58$0
Jan 199534015.92$0
Dec 199433615.03$0
Nov 199435115.90$0
Oct 199432615.58$0
Sep 199433315.29$0
Aug 199435616.13$0
Jul 199433417.56$0
Jun 199431517.09$0
May 199428815.88$0
Apr 199434214.14$0
Mar 199436512.46$0
Feb 199430312.50$0
Jan 199432612.66$0
Dec 199335512.33$0
Nov 199334214.49$0
Oct 199333715.85$0
Sep 199334015.03$0
Aug 199336415.66$0
Jul 199335015.46$0
Jun 199334916.79$0
May 199333117.68$0
Apr 199334418.05$0
Mar 199336518.14$0
Feb 199331617.90$0
Jan 199333816.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2026 — as filed, then multipliedworked
Gas                  275 Mcf  × $  2.87 =       $789

────────────────────────────────────────────────────
Month total                                     $789

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 10/G/25940 is the state's own key, not one this site invented.